576 Fm 1243BynumTX76631
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Bynum at 576 Fm 1243, Bynum, TX, 76631 listed at $129,620 pairs $2,186/mo rent with a $634/mo payment to leave $1,265/mo cash flow. Total monthly income runs $2,186/mo, and annual cash flow reaches $15,176/yr on $42,969 cash to close. Return on cash invested measures 55.23% in year one, and rental yield registers 20.24% at a $129,620 basis. Equity gained on principal adds $836/yr, and annual property appreciation at 5% supports $35,812 by year five. Five-year ROI tracks 293.49% and total cumulative return in cash totals $126,111. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,186/mo property income relative to a $634/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in 1950
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76631, Bynum, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 209 (100%) |
| Owner Occupied HU | 165 (78.9%) |
| Renter Occupied HU | 23 (11.0%) |
| Vacant Housing Units | 21 (10.0%) |
| Median Home Value | $329,221 |
| Average Home Value | $339,136 |
Housing Distribution
Address Breakdown
Residential
164
Single Family
164
Multi-Family
0
Businesses
3
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